The Angels are nearing agreement on a two-year contract with infielder AlbertoCallaspo, according to beat writer Jeff Fletcher of the Orange County Register.

The deal, if finalized under the reported terms, will buy out Callaspo's final season of arbitration eligibility and his first year of free agency. MLB.com's Alden Gonzalez says it could be worth around $9 million. Callaspo, 29, posted a .252/.331/.361 batting line with 10 home runs and 53 RBI in 138 games last season for the Angels. He will serve as Anaheim's regular third baseman for the foreseeable future.